Unbelievable: bonds are back

[hofmann]

Now they are letting Chinese LGFVs (local gov. financial vehicles) fund raise here.

I hope all local retail investors stay far, fat away from these LGFV unrated junk bonds. Don't be another victim of these unregulated bonds.

https://www-businesstimes-com-sg.cd...e/sgd-bond-market-starting-2019-with-a-bang-0

"Many Chinese companies want to do bonds because they want to diversify and gain access to the SGD markets as an alternative (to the USD and CNH markets); they also want investors' diversification to get better pricing," said one fixed income banker.

*** Because there are many suckers here and few regulations to protect the suckers! Don't be a sucker. ***

 

[Scrooball (clone)]

Bonds make as much sense as a third testicle.

Not as much returns as equities, slightly lower fees if managed by a fund house, but no guarantee of capital just like equities.

If no balls to invest, might as well do fixed deposit.

 

[laksaboy]

James Bond will also be back. New movie akan datang Nov 2019.

 

[mojito]

Now they are letting Chinese LGFVs (local gov. financial vehicles) fund raise here.

I hope all local retail investors stay far, fat away from these LGFV unrated junk bonds. Don't be another victim of these unregulated bonds.

https://www-businesstimes-com-sg.cdn.ampproject.org/v/s/www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0?amp_js_v=a2&amp_gsa=1&amp#referrer=https://www.google.com&amp_tf=From %1$s&ampshare=https://www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0

"Many Chinese companies want to do bonds because they want to diversify and gain access to the SGD markets as an alternative (to the USD and CNH markets); they also want investors' diversification to get better pricing," said one fixed income banker.

*** Because there are many suckers here and few regulations to protect the suckers! Don't be a sucker. ***

Bonds are easy to understand. Some issue to get rated, others you have to ask - If banks no want to lend to them, why should you? Overlook things like financial position, recovery and so on. Most people will just look at coupon. That's why they called bond hogs cause they swallow up all the swill. Don't help relieve their moneys, others will.

 

[JustLikeThis]

Now they are letting Chinese LGFVs (local gov. financial vehicles) fund raise here.

I hope all local retail investors stay far, fat away from these LGFV unrated junk bonds. Don't be another victim of these unregulated bonds.

https://www-businesstimes-com-sg.cdn.ampproject.org/v/s/www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0?amp_js_v=a2&amp_gsa=1&amp#referrer=https://www.google.com&amp_tf=From %1$s&ampshare=https://www.businesstimes.com.sg/banking-finance/sgd-bond-market-starting-2019-with-a-bang-0

"Many Chinese companies want to do bonds because they want to diversify and gain access to the SGD markets as an alternative (to the USD and CNH markets); they also want investors' diversification to get better pricing," said one fixed income banker.

*** Because there are many suckers here and few regulations to protect the suckers! Don't be a sucker. ***

A chongqing township issued a 34-mths 4.35% SGD bond recently, backed by Shanghai Pudong Dev Bank in HK.

 

[zhihau]

Altogether now!!! HUAT AH!!!

 

[hofmann]

A chongqing township issued a 34-mths 4.35% SGD bond recently, backed by Shanghai Pudong Dev Bank in HK.

Any idea what's the credit rating?

Similar coupon from Astrea IV bonds which is rated A

 

[JustLikeThis]

Any idea what's the credit rating?

Similar coupon from Astrea IV bonds which is rated A

Astrea's current yield is about 3.4%pa and matures 9 years later. Rated A
Why not look at Protelindo 3.3%pa and matures 5 years later, backed by Asian Dev Bank CGIF, Rated AA

https://www.bondsupermart.com/main/bond-info/bond-factsheet/XS1143279724
https://www.businesstimes.com.sg/co...singapore-bond-market-with-s180-million-issue
https://www.adb.org/site/funds/funds/credit-guarantee-and-investment-facility

 

[rushifa666]

This is the year to gather mkney for heavy jnvesting. Brexit alone will be epic. Which idiot will put money intombonds now?

 

[JustLikeThis]

A year ago if you fixed 2 years (not hybrid) home loan, it is 1.58%
Today, it is 2.58%